nature and scope of management
TRANSCRIPT
NATURE AND SIGNIFICANCE OF MANAGEMENT
-SHUBHAM MISHRA
CONTENT INTRODUCTION.
MEANING.
DEFINITION.
PLANNING.
FEATURES OF MANAGEMENT.
Contd.
OBJECTIVES OF MANAGEMENT.
IMPORTANCE OF MANAGAMENT.
LEVELS OF MANAGEMENTS.
MANAGEMENT AS AN ART, SCIENCE OR PROFESSION.
INTRODUCTION
Management is the key word of today.Management also played vital role in
ancient times. Modern world also cannot work without management.
GROUP ACTIVITY = MANAGEMENT
MEANING
The word management is derived from the Latin word ‘MANUS’ which means hands.
It means management is handling some activity. The modern aspect of management is exhaustive that it not only includes handling of any activity but many others aspects also.
DEFINITIONS
HENRY FAYOL“ To manage is to forecast , to plan , to
organize, to command , to co-ordinate and to control.”
PLANNINGPlanning is the key word for
Management.Planning is said as “HEART OF
MANAGEMENT” .
FEATURES OF MANAGEMENT
Management is goal-oriented.Management is group activity.Management is universal.Management is continuous
process.Management is intangible.
OBJECTIVES OF MANAGEMENT
To earn profit for business.To get maximum results with
minimum efforts.To co-ordinate the various activities
departments.To interact with outsiders. To fulfill social responsibility.
IMPORTANCE OF MANAGEMENT
Helps to achieve goals.Ensures optimum use of resources.Motivates people.Establishes a sound organization.Helps in the economic-development.
LEVELS OF MANAGEMENT
Management is divided into three levels.
1. Top Level. 2. Middle Level. 3. Lower Level.
TOP LEVEL MANAGEMENT
Decision of Objectives.Framing Plan and Policies.Creation of positions for doing
activities.Appointing middle level employees.
MIDDLE MANAGEMENT
To Link between top and lower management.
co-ordinate with top level managers for activities.
To appoint lower level staff.To understand policies of top level
managers.
LOWER MANAGEMENT
To work according to the instructions of middle management.
To conduct quality check of the product .
To check service of the product time to time.
To assign works to the sub-ordinates.
WHAT IS MANAGEMENT ?
ART SCIENCE
PROFESSION
MANAGEMENT AND ART
Personal skills.Creativity.Regular Practices.Personal Abilities.
MANAGEMENT AND SCIENCE
Systematic body of knowledge.Use of scientific methods.Cause and Effect relationships.Universality of Principles.
MANAGEMENT AND PROFESSION
Formal Education.Code of Conduct.Restricted Entry.Registration.Expertise.
CONCLUSION
From the above data’s of art science or profession it is concluded that the management is the mixture of all three.
All three are the components of MANAGEMENT.